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Wednesday, December 19, 2012 8:36:06 PM
SYNM lagging today on great news for the sector.
Funding Restored for U.S. Military Biofuels Programme
http://www.ipsnews.net/2012/12/funding-restored-for-u-s-military-biofuels-programme/
People going to be kicking themselves for not buying the recent institutional dump. I have been accumulating a massive position down here.
According to sources, House and Senate conferees have finished work on their conference report on the National Defense Authorization Act. Sources indicate that House language prohibiting DOD spending on biofuels has been removed and replaced with a requirement that DOD funding be matched by DOE and USDA. USDA has already committed its full share of DPA funding. DOE funding is contingent on appropriations.
Michael J. McAdams, President, Advanced Biofuels Association said, “Congress and the Administration have offered a clear endorsement of our military’s use of drop-in biofuels as an important part of our national security and energy independence. With this support, the advanced biofuels industry will continue to grow and be an important part of America’s energy future.”
Funding Restored for U.S. Military Biofuels Programme
http://www.ipsnews.net/2012/12/funding-restored-for-u-s-military-biofuels-programme/
People going to be kicking themselves for not buying the recent institutional dump. I have been accumulating a massive position down here.
According to sources, House and Senate conferees have finished work on their conference report on the National Defense Authorization Act. Sources indicate that House language prohibiting DOD spending on biofuels has been removed and replaced with a requirement that DOD funding be matched by DOE and USDA. USDA has already committed its full share of DPA funding. DOE funding is contingent on appropriations.
Michael J. McAdams, President, Advanced Biofuels Association said, “Congress and the Administration have offered a clear endorsement of our military’s use of drop-in biofuels as an important part of our national security and energy independence. With this support, the advanced biofuels industry will continue to grow and be an important part of America’s energy future.”
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